QBE Insurance Group is one of the world's leading international insurers and reinsurers, headquartered in Sydney, Australia. We operate out of 36 countries across the globe, with a presence in all key insurance markets and are lead underwriters within our chosen markets, setting rates and conditions. In 2004, the company underwrote gross written premium totalling AUD $8,766 million (€ 5,062.4m) and held shareholders' funds of A$4,420m (€2,552.6m). The Group consists of three geographically focused operational divisions: European Operations, based in London, the Americas, managed from New York, and the Australian Pacific Asia Central European operation -managed from Sydney.
